Milwaukee Real Estate Blog - SE Wisconsin Real Estate - Franklin, Oak Creek, Greenfield, Greendale, Muskego, New Berlin
Milwaukee, WI
Date: 13August 2009 Source: cnbc.com Link: http://www.cnbc.com/id/32397338 U.S. home loans failed at a record pace in July despite ongoing federal and state programs to avoid foreclosures, which have severely strained housing and the economy. Foreclosure activity jumped 7 percent in July from June and 32 percent from a year earlier as one in every 355 [...]
By: Tom Daykin of the Journal Sentinel Posted: 8 August 2009 Source: Business Section Milwaukee Journal Sentinel 9 August 09 Link: http://www.jsonline.com/business/52730452.html Tighter standards make getting condo loans more difficult Justin Bushweiler shopped the Milwaukee condo market for about a year before agreeing to buy a unit at The Edge, a new development on N. [...]
Posted: 6 August 2009 Source: cnnmoney.com By: Les Christie, CNNMoney.com staff writer Link: http://money.cnn.com/2009/08/06/real_estate/underwaterworld/index.htm An estimated 25 million borrowers will owe more than their house is worth by 2011. NEW YORK (CNNMoney.com) — Nearly half the nation’s mortgage borrowers will soon owe more on their mortgages than their homes are worth, according to a new [...]
Date: 4 August 2009 Source: cnbc.com Link: http://www.cnbc.com/id/32282852 Pending home sales rose for the fifth consecutive month in June, easily topping expectations, according to the National Association of Realtors. The Pending Home Sales Index rose 3.6 percent to 94.6 from an upwardly revised reading of 91.3 in May, and is 6.7 percent higher than in [...]
Date: 07/24/09 Source: WRA REALTOR® Newswire Weekly – Agent Edition – 7/31/09 The National Association of REALTORS® recently reported that home sales in the Midwest increased nearly 3 percent during the month of June — the first annual increase since September. Kelly Edmiston, a senior economist for the Federal Reserve Bank of Kansas City, remarked, [...]
Date: 7/28/09 Source: WRA REALTOR® Newswire Weekly – Agent Edition – 7/31/09 By: Molly Newman Milwaukee-area REALTORS® report that an uptick in housing sales locally during June was mainly due to a federal first-time home buyer tax credit introduced earlier in the year. While home sales are up, Milwaukee brokers remain hesitant to declare a [...]
